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What is the profit that remains after the operating costs have been deducted from the gross profit?
Wiki User
∙ 14y ago
nett
Wiki User
∙ 14y ago
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What is the difference between operating profit and net profit?
Operating Profit is earnings BEFORE interest and taxes are deducted but AFTER overheads and other indirect costs are deducted from your Gross Profit. Once you have this Pretax Profit you deduct from your Operating profit any one off items and interest payable to arrive at Net Profit. It is then at this stage that tax is calculated and deducted from the Net Profit to arrive at Retained Earnings procedure - dividends So; Sales/Turnover - COGS/COS = GP - Expenses (but not 1 off/interest payments) = OP - 1 off items and interest = NP
Profit is calculated by subtracting costs from?
Profit is calculated by subtracting operating costs from gross revenues.
Does profit means money that remains after costs of running business?
Yes profit means money that remains after a costs of running a business
What is the difference between gop and ebitda?
The GOP (Gross Operating Profit) is the profit left after operational costs have been deducted. EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortization) is the amount of profit with those items in its acronym added back into it.
What is a profit?
A profit is the money that remains after all the costs have been paid.
If the income of a business exceeds its costs the money that remains is called the?
profit
Which term refers to the money that remains after all the costs of production have been paid?
profit
Profit is the amount of money that remains after all of the costs of production have been paid?
True
Profit is the amount of money that remains after all of the costs of production have been paid.?
True
What is defined as the absolute monetary difference between sales revenues and operating costs?
Profit
Product costs plus operating expenses plus profit equals?
selling price
What is the sale if gross margin mark-up is 40 of cost?
Could be anything, 40 is gross profit after costs of goods sold is deducted.
